Got $1,000? 2 Stocks to Buy for the Long Term

Growing companies that previously traded at a big premium have been hit hard in this market downturn. Higher inflation and interest rates have presented headwinds for the economy, and when uncertainty increases in the near term, Wall Street typically sells first and asks questions later. Whether you already own several stocks or are just starting to put together a diversified portfolio, investing $1,000 in growth stocks should pay off nicely down the road.